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Stories published on May 16
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Thursday, May 16

21

Jessica Lange Slams Hollywood For Sacrificing 'Creative Process' For 'Corporate Profit Motive'

www.pinkvilla.com

Jessica Lange is criticizing Hollywood for caring more about making money than making creative and original films.

Crude Oil Moves Higher; Deere Cuts Profit Outlook

www.benzinga.com

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.1% on Thursday.

19

Rosbank Q1 net profit falls by 17% to $79.23 mln

tass.com

"In the Q1 of 2024, Rosbank showed stable results and confirmed its position as one of the leading private banks in the Russian market," the statement said

BUSINESS LIVE: BT to boost free cash flow; EasyJet CEO to exit; United Utilities profits slump

www.dailymail.co.uk

The FTSE 100 closed down 7.15 points at 8438.65. Among the firms with updates today are BT Group, EasyJet, United Utilities, Vistry and Premier Foods.

18

Sovcombank Q1 net profit rises by 11% to $275.05 mln

tass.com

Net profit excluding one-time income amounted to $133.12 mln and increased by 26%

Nintendo Fiscal Year 2024: $11.6 billion revenue, $3.5 billion in profit, 30% margin

www.tweaktown.com

Nintendo made $11.6 billion in revenue and $3.5 billion profit throughout Fiscal Year 2024, which is the 8th year the Switch has been on the market. Continue reading at TweakTown >

A food industry heavyweight says Australians are ‘profit shaming’ a sector in crisis. Does that stack up?

www.theguardian.com

Regional head of Mondelēz likens cost challenges faced by food manufacturers to cost-of-living crisis affecting households – but experts say public scrutiny is about ensuring transparency

17

Where did it all go wrong for Burberry? As profits slump by 40% how the brand struggled to shake off the 'Chav' check reputation

www.dailymail.co.uk

From the Sloane Rangers to the Cool Britannia bunch, anyone who was someone had their wardrobe dripping in the brand once considered to be London 's version of Chanel - Burberry .

Walmart’s Q1 profits triple to $5.1bn days after telling hundreds of workers to relocate or quit

www.independent.co.uk

Supermarket chain’s memo confirmed ‘several hundred’ jobs will be cut

Latest News | Triveni Turbine Net Profit Up 37 Pc to Rs 76 Cr in Q4

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Triveni Turbine on Thursday posted a 37 per cent rise in consolidated net profit to Rs 76.2 crore in the March quarter, mainly on the back of higher revenues.

16

India News | Healthcare Privatisation Linked with Worse Outcomes, Higher Profits: Lancet Study

www.latestly.com

Get latest articles and stories on India at LatestLY. Privatisation of healthcare was found to almost never have a positive effect on the quality of care, and was associated with higher profits, a research that reviewed previous studies of…

Mecure’s pre-tax profit hits N916 million in Q1 as company begins production of ‘Augmetin’ alternative

nairametrics.com

Mecure Industries, which listed on the Nigerian Exchange Group (NGX) in the fourth quarter (Q4) of 2023, has posted a first quarter (Q1) 2024 financial results.

Company profits higher by almost a third since before the pandemic, says Unite

www.mirror.co.uk

According to Unite, sectors such as big banks, oil and gas, electricity generation, supermarkets, and shipping have seen some of the most significant profit increases

Latest News | Biocon Q4 Net Profit Falls 57 Pc to Rs 136 Cr; Revenue at Rs 3,966 Cr

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Biotech firm Biocon on Thursday reported a 57 per cent decline in its consolidated net profit to Rs 136 crore for the fourth quarter ended March 2024 on account of higher expenses.

Latest News | Container Corporation of India Reports Rs 301.25 Cr Net Profit for Q4

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Container Corporation of India Ltd (Concor) on Thursday posted a 9.88 per cent increase in consolidated net profit to Rs 301.25 crore for the March 2024 quarter.

SP Setia net profit rises to RM77.33m in Q1

www.malaymail.com

KUALA LUMPUR, May 16 — SP Setia Bhd’s net profit for the first quarter ended March 31, 2024 rose to RM77.33 million v...

Latest News | JK Paper Q4 Net Profit Slips 2.44 Pc to Rs 276.6 Cr

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. JK Paper Ltd on Thursday reported a 2.44 per cent decline in consolidated net profit to Rs 276.6 crore for the fourth quarter ended March 2024, impacted by higher raw material…

15

Walmart reports $5.10 billion quarterly profit

www.arkansasonline.com

Households with incomes above $100,000 continued to drive Walmart Inc.’s grocery sales in the first quarter, helping push the retailer’s revenue up 6% to $161.5 billion.